Canyon Bank 15883 N Oracle Rd 3,420 SF Vacant Retail Building Catalina, AZ 85739 £734,936 (£214.89/SF)
INVESTMENT HIGHLIGHTS
- This property has been very well maintained, former Bank building and take-out restaurant ideal for redevelopment.
- Newer construction
- The property has great visibility and has a monument sign
- Drive-thru or covered parking
- PAD Building right on Oracle Road
- Use as two spaces or redevelopment Medical Office
EXECUTIVE SUMMARY
BUILDING DESCRIPTION: Canyon Bank Plaza was developed by Canyon Community Bank in 2005 in order to house a Canyon Community Bank branch in the Town of Catalina, AZ. With the recent merger of Canyon Community Bank and CrossFirst Bank, the decision was made to permanently close this location. The building is an ideal location for another bank, credit union, medical or dental practitioner, or a variety of retail, food, or service uses.
SUBJECT PROPERTY DESCRIPTION: Located in the Catalina, AZ just north of Tucson on Oracle Road, the property is ideally located to serve the needs of Robson Communities’ SaddleBrooke and SaddleBrooke Ranch retirement communities, as well as those of the Eagle Crest Ranch, Black Horse Ranch, and the Rancho Vistoso subdivisions. The property is located adjacent to the Catalina McDonald’s, in front of Carlota’s Mexican Restaurant, and directly across Oracle Road from Tractor Supply Co. The property offers easy access off of Oracle Road and great visibility off of Oracle Road with both building and prominent monument signage.
SUBJECT PROPERTY DESCRIPTION: Located in the Catalina, AZ just north of Tucson on Oracle Road, the property is ideally located to serve the needs of Robson Communities’ SaddleBrooke and SaddleBrooke Ranch retirement communities, as well as those of the Eagle Crest Ranch, Black Horse Ranch, and the Rancho Vistoso subdivisions. The property is located adjacent to the Catalina McDonald’s, in front of Carlota’s Mexican Restaurant, and directly across Oracle Road from Tractor Supply Co. The property offers easy access off of Oracle Road and great visibility off of Oracle Road with both building and prominent monument signage.
TAXES & OPERATING EXPENSES (ACTUAL - 2022) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
£7,811
|
£2.28
|
| Operating Expenses |
£11,359
|
£3.32
|
| Total Expenses |
£19,171
|
£5.61
|
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,420 SF
Building Class
B
Year Built
2005
Price
£734,936
Price Per SF
£214.89
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Building FAR
0.13
Lot Size
0.59 AC
Zoning
CB-2 - The property is located in Pima County and is within the “CB-2” zoning category, which allows a wide range of retail and commercial uses.
Parking
35 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
129 ft on Oracle Rd
AMENITIES
- Bus Route
- Signage
- Drive Thru
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Canyon Bank Plaza was developed by Canyon Community Bank in 2005 in order to house a Canyon Community Bank branch in the Town of Catalina, AZ. With the recent merger of Canyon Community Bank and CrossFirst Bank, the decision was made to permanently close this location. The building is an ideal location for another bank, credit union, medical or dental practitioner, or a variety of retail, food, or service uses.
| Space | Size | Space Use | Position | Available |
| 101 | 3,420 SF | Office/Medical | - | Now |
101
| Size |
| 3,420 SF |
| Space Use |
| Office/Medical |
| Position |
| - |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 222-21-042D | Total Assessment | £56,726 (2024) |
| Land Assessment | £0 (2024) | Annual Taxes | £7,811 (£2.28/sf) |
| Improvements Assessment | £0 (2024) | Tax Year | 2022 |
